November 30 (SeeNews) - Bulgarian construction company Trace Group Hold [BUL:T57] said on Friday that it turned to a consolidated net profit of 3.3 million levs ($1.9 million/1.7 million euro) in the first nine months of 2018 from a net loss of 1.4 million levs in the same period of last year.
The company's revenue rose to 243.0 million levs in the January-September period from 188.4 million levs in the comparable period of 2017, Trace Group said in an interim financial statement.
Operating expenses increased to 238.7 million levs in the review period from 188.7 million levs the year before, due to a rise in expenses for hired services.
Trace Group Hold's activities include rehabilitation, reconstruction and construction of roads, highways, airports, underground stations and underground railways, ground railroads and facilities, urban infrastructure and road marking.
(1 euro = 1.95583 levs)